1003 W Bishop Street, Santa Ana Property Listing: MLS® #OC25228147

1003 West Bishop Street is a 23+1 unit multifamily investment opportunity located in the city of Santa Ana, California. The property encompasses an approximately 15,873 square foot building situated on a 0.56-acre lot. 1003 West Bishop Street is comprised of a desirable unit mix of four two-bedroom units and twenty one-bedroom unit, one of which is non conforming. Many units have been tastefully upgraded with modern finishes including vinyl plank flooring, shaker-style cabinetry, and granite countertops, providing investors with a stable asset that already benefits from interior improvements and continued rental appeal. Originally constructed in 1965, 1003 West Bishop Street features amenities designed to attract and retain tenants, including tuck-under parking, an on-site laundry facility, and a spacious outdoor common area equipped for BBQs and gatherings. These features enhance resident satisfaction and contribute to long-term tenancy. Strategically positioned in Santa Ana, the property benefits from strong rental demand, driven by the citys role as the county seat of Orange County and its proximity to key employment, education, and cultural hubs. Residents enjoy convenient access to major freeways (I-5, SR-55, and SR-22), local retail centers, and entertainment destinations, as well as being within commuting distance to regional job centers in Irvine, Costa Mesa, and Anaheim. For investors, 1003 West Bishop Street presents the opportunity to acquire a well-located, mid-sized multifamily property with an attractive unit mix, recent renovations, and reliable tenant demand

1003 W Bishop Street, Santa Ana Property Listing: MLS® #OC25228147 Close
Page Summary
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  • MLS® #: OC25228147
  • 1003 W Bishop Street
  • Santa Ana, CA 92703
  • $5,400,000
  • 4 Beds, 3 Bath, 0.56 Acres
  • Office: Marcus & Millichap Re Invest

1003 West Bishop Street is a 23+1 unit multifamily investment opportunity located in the city of Santa Ana, California. The property encompasses an approximately 15,873 square foot building situated on a 0.56-acre lot. 1003 West Bishop Street is comprised of a desirable unit mix of four two-bedroom units and twenty one-bedroom unit, one of which is non conforming. Many units have been tastefully upgraded with modern finishes including vinyl plank flooring, shaker-style cabinetry, and granite countertops, providing investors with a stable asset that already benefits from interior improvements and continued rental appeal. Originally constructed in 1965, 1003 West Bishop Street features amenities designed to attract and retain tenants, including tuck-under parking, an on-site laundry facility, and a spacious outdoor common area equipped for BBQs and gatherings. These features enhance resident satisfaction and contribute to long-term tenancy. Strategically positioned in Santa Ana, the property benefits from strong rental demand, driven by the citys role as the county seat of Orange County and its proximity to key employment, education, and cultural hubs. Residents enjoy convenient access to major freeways (I-5, SR-55, and SR-22), local retail centers, and entertainment destinations, as well as being within commuting distance to regional job centers in Irvine, Costa Mesa, and Anaheim. For investors, 1003 West Bishop Street presents the opportunity to acquire a well-located, mid-sized multifamily property with an attractive unit mix, recent renovations, and reliable tenant demand

Supplemental Remarks

Essential Information

  • MLS® #OC25228147
  • Listing Price$5,400,000
  • Date ListedSeptember 29th, 2025
  • Days on Market1
  • Bedrooms4
  • Bathrooms3.00
  • Acres0.56
  • Lot Sq.Ft.24,394
  • TypeResidential Income
  • Sub-TypeRes Income 2-4 Units
  • StatusActive

Dues

  • Mello Roos Dues$6,082
  • Total Monthly Dues$506

Community Information

  • Address1003 W Bishop Street
  • AreaOC - SANTA ANA (92703)
  • CitySanta Ana
  • CountyOrange
  • StateCA
  • Zip Code92703

Amenities

  • PoolN/K

Interior

  • FireplaceYes
  • Stories2 Story

Exterior

  • Lot DescriptionCurbs,Sidewalks
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Listing information last updated on October 18th, 2025 at 3:56am PDT.